London-based Gareth Sutcliffe has made the switch from EY to Willis Towers Watson.
Appointed as head of the broking giant’s insurance investment solutions group (IISG), Sutcliffe brings more than 17 years of industry experience to the role. His previous remit involved advising insurers on private market assets and optimising their investments’ capital efficiency.
“I am excited to be joining the IISG team, which has a strong track record for developing bespoke and innovative solutions for insurers that leverage Willis Towers Watson’s global insurance and investment capabilities,” noted Sutcliffe, who also spent time at Legal & General as a senior market strategist focused on the insurer’s annuity book.
“Against an uncertain regulatory backdrop and significant market disruption, insurers are increasingly turning to the expertise of third-party consultants to tackle these growing investment, liability, and regulatory challenges, and through better asset allocation improve business performance and raise investment yields.”
IISG is part of the insurance consulting and technology UK life business at Willis Towers Watson.
Commenting on Sutcliffe’s arrival, UK life consulting head Marcus Bowser said: “I’m delighted to announce that Gareth has taken on the role of head of the IISG at this exciting stage in developing our insurance investment business.
“Gareth has all the leadership skills, experience, and industry knowledge to successfully lead the UK team in helping to unlock value and enhance return on investment for our clients, as they continue to face challenging market conditions, including a continued low-yield environment and shifting regulations.”